TSC Annual Report 2024 final - Flipbook - Page 73
Notes - Financial statements
Note 26. Related party transactions
With the exception of what is required by insurance contracts, there are no related party transactions with Board members.
Neither are there any related party transactions with senior executives of the Club. During the year, the Club reimbursed the
equivalent of USD 3.9 million to its subsidiary in Hong Kong. This was for operating costs in 2024. In addition, a receivable
is reported in the balance sheet for USD 0.3 million.
Note 27. Signi昀椀cant events after the
balance sheet date
After the balance sheet date, insurance activities have developed in line with the established goals and expectations. The Swedish
Club does not have any signi昀椀cant events to report on items that have not previously been communicated but relate to periods
up to the balance sheet date.
Note 28. Personnel
2024
2023
84
21
6
6
7
3
79
20
6
1
8
3
127
117
50%
29%
48%
29%
1,793
179
12,355
1,791
9,528
6,388
330
1,710
5,754
372
1,536
Average number of employees:
in Sweden
in Greece
in Norway
in Hong Kong1)
in Singapore
in United Kingdom
of which, women
Women in management team
Salaries and payments:
Board and senior management
whereof bonus payments
Other employees
Payroll overhead:
Other employees
whereof pensions costs to board and senior management
whereof pension costs to other employees
1) The average number of employees in The Swedish Club Hong Kong Limited is 16 (21).
The Swedish Club | Annual Report 2024
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